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BackBoeing 737 Max Production Delayed, CEO Says Output Will Increase Next Year
Boeing 737 Max Production Delayed, CEO Says Output Will Increase Next Year
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CNBC US Markets2 hours agoBusiness1 min readUnited States

Boeing 737 Max Production Delayed, CEO Says Output Will Increase Next Year

Quick Look

Boeing CEO Kelly Ortberg said 737 Max production is taking longer than expected to stabilize due to wing production constraints at the Renton, Washington factory, but output will increase next year and Max 10 certification is expected very soon.

AI-generated summary

Why It Matters

Boeing has been working to increase output of its best-selling plane after years of safety and quality crises.

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Boeing 's 737 Max production is taking "a little bit longer" than expected to stabilize, and the company expects to increase its output of the planes next year, CEO Kelly Ortberg told investors Wednesday.

Boeing has been working to steadily increase the output of its best-selling plane after years of safety and quality crises. Ortberg said wing production at its Renton, Washington, factory is a constraint now, adding the company has plans in place to address it.

Boeing is producing about 47 of the aircraft per month.

Ortberg reiterated to investors at a Morgan Stanley industry conference that he expects certification of the Max 10, the largest model in the family "very soon."

What to Watch

AI outlook — possibilities, not facts

  • Boeing will increase 737 Max output next year

    Likely · Within months

  • Certification of the Max 10 will occur very soon

    Likely · Within weeks

Open Questions

  • When exactly will wing production constraints be resolved?
  • What specific plans does Boeing have to address the wing production bottleneck?
  • How many 737 Max planes does Boeing aim to produce per month next year?

Related Topics

This article was originally published by CNBC US Markets.

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